Monday, Jul 16, 17:28 GMT

ASIA-PACIFIC Trading Newsletter

To Get Started

The Advisor Weblog: GBP and AUD superstars
Website Renewed! All the Forex Market news and research also in Spanish
FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
Have a look at Postcards from the Right Edge! The new blog by Rob Booker
Check out the NEW Flash Charts on the Rates & Charts Section

Send us your feed back. Post your comments about the new newsletters' format in the Forum.

Live Sessions Schedule

Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jul 17, 09:00 GMT
Sponsored by:
Type of Session: Webinar

What moves currencies? - EUR crosses analysis
Expert: Tony Juste
Start: Tue, Jul 17, 10:00 GMT
Sponsored by:
Type of Session: Webinar

Sponsored by
Mon, Jul 16, 18:00 GMT	Live Look at Todayâ€™s Markets	Derek Frey	WBN
Tue, Jul 17, 09:00 GMT	Outlook for the major currencies this week	Ian Copsey	WBN
Tue, Jul 17, 10:00 GMT	What moves currencies? - EUR crosses analysis	Tony Juste	WBN
Tue, Jul 17, 11:00 GMT	FX Instructor Live Trading Room	Sunil Mangwani	WBN
Tue, Jul 17, 12:00 GMT	US Pre-Market Open	Ed Ponsi	WBN

[ View All ]

Current Session: U.S.

GBP/USD

Mid-Day Forex Technical Report - Strong NY State Index Provides No Support to Dollar by ActionForex.com

Cable's recent rally resumes today by surging to new 26 years high at 2.0403. At this point, further rally should be seen as long as cable stays above 2.0307 minor support. Sustained trading above trend line resistance (now at 2.0380) will encourage further rally towards next upside target of 100% projection of 1.9183 to 2.0132 from 1.9621 at 2.0570.

[ + strViewAll + ]

Postcards from the Right Edge!: New technical analysis blog by Rob Booker
Recap of Oversold / Overbought readings at 10:00GMT by Tony Juste
The Signals Tracker: track down the performance of a particular signals provider
Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Be up to date with the Latest Forex News

Currencies at a Glance

EUR/USD: Continues to trade around pivot level 1.3786
07/16/2007 16:29 GMT
GBP/USD: Stays below first resistant level 2.0385
07/16/2007 16:30 GMT
USD/CHF: Trades around pivot level 1.2021
07/16/2007 16:30 GMT
USD/JPY: Trades below pivot level 122.14
07/16/2007 16:30 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD

**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

EUR USD, Hourly

GBP USD, Hourly

Top Market Movers Preview

UK CONSUMER PRICE INDEX

Date (GMT)		Event	Cons.	Previous
Jul 17	08:30	Consumer Price Index (MoM)	0.2%	0.3%
Jul 17	08:30	Consumer Price Index (YoY)	2.4%	2.5%

Friday Notes - "Suberprimemania" refuses to go away by HVB Group

After a marked decline in May, we expect consumer price inflation to have eased further to 2.3%. The biggest relief should have come from housing costs, while transport prices should have increased substantially â€“ due to higher oil prices. Core inflation is likely to have declined to 1.8% in June.

[ Full Story ]

Top Market Movers Review

US EMPIRE MANUFACTURING

Date (GMT)		Event	Actual	Cons.	Previous
Jul 16	12:30	Empire Manufacturing	26.46	18.00	25.75

NY Fed's Jul Mfg Index 26.46 Vs 25.75 In Jun (Dow Jones)

Manufacturing activity in the New York Federal Reserve district increased further in July with the overall index increasing to a reading of 26.46 from an unrevised 25.75 in June. Among the economists who forecast this index, the median expectation of 12 economists surveyed by Dow Jones Newswires was for a reading of 17.75.